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Think Tank
Industries: Page 312
Managing Supplier Spend During Economic Uncertainty
Companies that expanded rapidly during the pandemic are now looking to shrink their cost base, but CFOs are overlooking supplier spend optimization as a solution.
More Manufacturers Are Embracing Virtual Reality. Here's Why.
An increasing number of manufacturers are implementing systems driven by augmented and virtual reality in a bid to boost efficiency, lower costs and minimize human touch points.
Returns Management SaaS Saves Retail Giant $4 Million Monthly
Challenge:
A top-10 big-box retailer needed to consolidate returns processing and improve returns management, vendor returns consolidation and liquidation yield. They were sorting returns at more than 450 store locations, and sending single packages in small shipments to vendors receiving returns. The company wanted returns data visibility to aid forward-focused planning and warehouse management.
How Factory Data, AI Prevent Production Delays
Machine downtime is an issue that constantly plagues operations, leading to frustrated workers and a negative impact on the business’s bottom line.
Falling Gasoline Prices in U.S. Bring Higher Profits for Retailers
Gas station owners in the U.S. are finally making higher profits selling fuel now that pump prices have fallen from record levels over the past few weeks.
American Factories Heat Up as CEOs Take Production Out of China
Rattled by the most recent wave of strict Covid lockdowns in China, the long-time manufacturing hub of choice for multinationals, CEOs have been highlighting plans to relocate production.
Watch: The Rise of Hyperlocal Fulfillment Centers
Balmiki Bhattacharya, vice president and market sector leader of the industrial practice at Nelson Worldwide, explains the concept behind “hyperlocal” fulfillment centers, and the criteria that retailers should consider when creating them.
Innovators Continue to Shape the Last Mile. What’s Next?
A look at the technologies that logistics startups have developed to transform the last mile, as well as a peek into the future of the sector.
Auto Workers Hold the Cards as U.S. Recession Looms
A narrowly avoided strike last week offers a glimpse of what could be coming next year — when General Motors, Ford and Stellantis negotiate new four-year contracts for their roughly 150,000 U.S. employees represented by the United Auto Workers.
Consumers Prefer Personal Touch, Predictability, Over Super-Fast Delivery
To successfully ride the bucking growth of e-commerce, shippers and logistics service providers should avoid assuming that consumers want everything super-fast.
CVS, Rite Aid Ration Contraceptive Pills as Demand Surges
CVS and Rite Aid pharmacies are limiting purchases of emergency contraceptive pills as demand for the medication surged following the U.S. Supreme Court decision that struck down the constitutional right to abortion.
Sweetwater Responds to the ‘New Face of Agility’ in Supply Chain and Merchandising
Sweetwater Sound, LLC didn’t waste any time preparing for this year’s fourth quarter. By the end of May, the nation’s largest online seller of musical instruments and professional audio gear was already finalizing orders and distribution plans for the coming peak sales season.
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